caption Steve Case, center, emerges from the big red bus that carries him and a team of investors through the “Rise of the Rest” tour. source Revolution AOL’s billionaire cofounder Steve Case runs the DC-based venture capital firm Revolution. Case is convinced that the future of American startups lies outside of Silicon Valley, New York City, and Boston, which receive 75% of all venture capital in the US. Since 2014, he has gone on seven “Rise of the Rest” bus tours to encourage entrepreneurship across the country, for a total of 38 cities outside of the three main VC centers. Late last year, he launched the $150 million Rise of the Rest Seed Fund and put “Hillbilly Elegy” author and former Valley investor JD Vance in charge. It includes limited partners like Amazon’s Jeff Bezos and Bridgewater’s Ray Dalio. While the … [Read more...] about AOL cofounder Steve Case is betting $150 million that the future of startups isn’t in Silicon Valley or New York, but the money isn’t what’s making his prediction come true

Google cofounder Sergei Brin wrote Alphabet’s 2017 annual Founders Letter. Brin said artificial intelligence advances represent the most significant computing development in his lifetime. But he warned that tech companies have a responsbility to consider the impact of their advances on society, a chage in tone. Sergei Brin, the cof0under of Google, stressed the need for caution, accountability and humility within the tech industry as its innovations become “deeply and irrevocably” ingrained in society, a striking shift in tone among a leader of the Silicon Valley business cohort famous for its certitude of its own righteousness. In the annual founders letter released by Google-parent company Alphabet, Brin touted the far-reaching innovations in artificial intelligence, computing power and speech recognition in recent years. “Every month, there are stunning new applications and … [Read more...] about Sergei Brin: Silicon Valley has outgrown the time of being ‘wide-eyed and idealistic’ about tech and needs to show ‘responsibility, care and humility’

Facebook is one of the companies at the heart of the real Silicon Valley in California. So ‘Silicon Valley,’ the TV show, can’t help but make fun of it. In the new intro for the first episode of season 5, which aired on Sunday, the HBO show snuck a subtle Facebook dig. Check it out: via GIPHY It’s hard to tell which Facebook scandal the Russian Facebook logo is referring to, but there’s no shortage of possibilities. Russian trolls were active on Facebook groups and pages during the 2016 presidential election, Russian actors bought ads meant to divide the US, and even used Facebook to organize in-person rallies on American soil. Those stories all made headlines before the latest Facebook scandal, where it emerged that a Trump-linked British data firm used data from 50 million Facebook profiles obtained by abusing Facebook’s developer tools. Russian Facebook isn’t the only joke in this year’s opening – hot … [Read more...] about ‘Silicon Valley’ hid a killer Facebook burn in its new intro that you might have missed

source Jenny Cheng/Business Insider Silicon Valley parents can see firsthand, either through living or working in the Bay Area, that technology is potentially harmful to kids. Many parents are now restricting, or outright banning, screen time for their children. The trend follows a long-standing practice among high-level tech executives who have set limits for their own children for years. This is an installment of Business Insider’s “Your Brain on Apps” series that investigates how addictive apps can influence behavior. It’s 9 a.m. in Sunnyvale, California and Minni Shahi is on her way to work at the Apple headquarters in Cupertino. Her husband, a former Googler named Vijay Koduri, is meeting his business partner at a local Starbucks to discuss their startup, a YouTube clip-making business called HashCut. Shahi and Koduri’s two kids, 10-year-old Saurav … [Read more...] about Silicon Valley parents are raising their kids tech-free — and it should be a red flag

HBO just released a teaser for season five of “Silicon Valley.” The show returns on March 25. The teaser gives us an idea what the show will be like without TJ Miller’s Erlich Bachman character, who won’t be coming back to the show. It looks like Miller’s absence will allow some of the hilarious minor characters to have more screen time. A brand new teaser for season five of HBO’s “Silicon Valley” has arrived, and the show will return to HBO on March 25. The teaser gives us a taste of what the show will be like without TJ Miller’s beloved character, Erlich Bachman. Miller announced that season four was his last on the show before the finale aired in 2017. In the teaser, Erlich’s nemesis Jian Yang announces that Erlich is gone, and that he’s taken over the incubator. Besides Jian Yang’s incubator takeover, it looks like season five … [Read more...] about HBO’s ‘Silicon Valley’ season 5 teaser proves the show will be just as hilarious without TJ Miller